Fortune Furnitech Private Limited
About Fortune Furnitech Private Limited
Data last updated:
Fortune Furnitech Private Limited is a private limited company based in Baidyabati, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 22 September 2005.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U36109WB2005PTC105554. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.55 Cr. It is led by directors Asim Singh and Rajiv Singh.
Its last annual general meeting (AGM) was held on 28 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office is at 180/1/C N T Road, Baidyabati, West Bengal, India – 712222.
As per MCA filings, the company has open charges of ₹206.16 Cr and satisfied charges of ₹2.22 Cr on record. Court records list 23 cases involving the company, including 11 filed by the company and 12 filed against it; 3 cases are pending.
Company details
Contact details
Fortune Furnitech Private Limited's registered office is in Baidyabati, West Bengal.
- Registered Address180/1/C N T Road, Baidyabati, West Bengal, India – 712222
- IndustryManufacturing, Wood Products & MDF
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Fortune Furnitech Private Limited
FY 2011 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Fortune Furnitech Private Limited, buy the company report.
Board of directors of Fortune Furnitech Private Limited
Fortune Furnitech has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asim Singh Also directs: Utkarsh Trexim Private Limited, Akanchha Vyapaar Private Limited, Mrityunjay Enterprises Private Limited and 5 more | Director | 22 Sep 2005 | 21 Years 1 Months | As last reported |
| Rajiv Singh Also directs: Aparajita Wooden Trexim Private Limited | Director | 19 May 2010 | 16 Years 5 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2009 | 10189319 | Idbi Bank Limited | ₹25 Cr | Open | |
| 07 Dec 2009 | 10195105 | Idbi Bank Limited | ₹15 Cr | Open | |
| 21 Aug 2009 | 10171848 | Asrec (India) Limited | ₹66.06 Cr | Open | |
| 24 Jul 2008 | 10113633 | Global Trade Finance Limited | ₹10 Cr | Open | |
| 27 Nov 2006 | 10032237 | Centurion Bank of Punjab Limited | ₹1.46 Cr | Open |
To see the full charge records of Fortune Furnitech Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Fortune Furnitech Private Limited has 23 court cases on record: 11 filed by Fortune Furnitech, 12 filed against it. 3 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 12 | 3 |
| High courts | 10 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by HDFC Bank Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Berger Paints India Ltd. | Pending |
| High Court, West Bengal | Court case (APO) | Filed by the company against Asset Reconstruction Company (India) Ltd. and Anr. | Disposed |
| High Court | Court case (APO) | Filed by the company against Theme International Ltd. -VS- the O/L, High Court, Calcutta | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by HDFC Bank Limited | Disposed |
To see the full case history of Fortune Furnitech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fortune Furnitech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fortune Furnitech has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fortune Furnitech Private Limited, buy the company report.
Recent activity
Fortune Furnitech Private Limited has 7 board changes on record since 2005: 2 appointments and 5 cessations. The latest: Ragini Jethi ceased to be Director on 18 May 2012.
13 earlier events are in the company report.
Frequently asked questions
Fortune Furnitech is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Fortune Furnitech is a company under liquidation, formerly operating as a private limited company based in Baidyabati, West Bengal, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 22 September 2005 and is registered under CIN U36109WB2005PTC105554. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Fortune Furnitech has 2 current directors:
- Asim Singh - Director
- Rajiv Singh - Director
The latest financial statements of Fortune Furnitech on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 28 September 2011. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Fortune Furnitech is U36109WB2005PTC105554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Furnitech has open charges of ₹206.16 Cr and satisfied charges of ₹2.22 Cr as per latest MCA filings.
Fortune Furnitech has 23 court cases on record: 11 filed by the company and 12 filed against it. 3 are pending. Most are in the district courts.
Fortune Furnitech was incorporated on 22 September 2005. It is registered with the Registrar of Companies, Kolkata.
Ragini Jethi ceased to be Director on 18 May 2012. Rajiv Singh was appointed as Director on 19 May 2010. Ashok Kumar Sureka ceased to be Director on 06 Mar 2009. Fortune Furnitech has 7 board changes on record in total.
The registered office of Fortune Furnitech is at 1801C N T Road, Baidyabati, West Bengal, India – 712222.
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